Well, the cat’s outta the bag. And it’s a very nice Dolce and Gabbana bag at that.

Instead of going crazy running an airline, Frontier CEO Jeff Potter is going to leave the company to become CEO of Denver-based Exclusive Resorts, a privately held company that leases out luxury homes to wealthy vacationers. Financed by former America Online executive Steve Case, Exclusive Resorts owns $1 billion worth of luxury residences in 40 of the world’s top vacation destinations.

You can read more about Jeff’s nice new gig here.

Ticker: Nasdaq: FRNT

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